- Active
7131 WILLIAMS Road
Richmond · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 2,172
- Built
- 1956
Listed by Saba Realty Ltd. · MLS® R3134586
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Sign inAbout this home
Rare opportunity to purchase a large 8,970 square ft lot (69' x 130') in a highly desirable Richmond neighborhood. This property offers excellent potential for redevelopment, investment or building your dream home. The existing 2,172 square ft residence built in 1956 features - 3 bedrooms, 1.5 bathrooms and basement had potential for further developed. Close to elementary school (John T. Errington), high school (Steveston-London Secondary), Broadmoor shopping central and transit. A fantastic chance to secure a sizeable lot in an established family-friendly community with strong long-term upside. Buyer to verify all measurements, lot dimensions, zoning and redevelopment potential with the City of Richmond.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 2,172 sq ft
- Lot size
- 8,970 sq ft
- Year built
- 1956
- Parking
- 5
- Property type
- Single Family
- Basement
- Partial
- Carport
- Yes
- Fireplaces
- 2
- Style
- 2 Level
- Listed
- June 10, 2026
- Structure
- House
- Frontage
- 69 feet
- PID
- 010-104-887
- Common interest
- Freehold
Features and inclusions
- Appliances
- Refrigerator, Dishwasher, Stove, Washer & Dryer
- Heating
- Forced air
- Parking
- Carport, RV
Rooms and building
- Water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $8,297
- Property tax
- $508/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $8,956
Purchase snapshot
- List price
- $1,750,600
- Down payment
- $350,120 (20%)
- Estimated mortgage
- $1,400,480
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $6,194
- At 3.5384 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $2,790 a month
- Gross yield
- 1.9%
Estimated rent from CMHC average rents for the region, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 40%
Who lives here
Documents
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